Explore BrainMass

Explore BrainMass

    Bonds Current Yield

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    A bond that matures in 17 years sells for $932. the bond has maturity value of $1,000 and a yield to maturity of 6.17%. interest on the bond is paid semiannually. What's the bond's current yield?

    © BrainMass Inc. brainmass.com June 3, 2020, 8:30 pm ad1c9bdddf
    https://brainmass.com/business/bond-valuation/bonds-current-yield-140644

    Solution Preview

    The Value of a bond is given by two components. First the PV of the interest payments and second the PV of the Principle repayment ...

    Solution Summary

    This Solution contains calculations to aid you in understanding the Solution to this question.

    $2.19

    ADVERTISEMENT